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NewsBTC 2019-12-09 22:00:37

Bitcoin’s Response to its 89-Day EMA May Set the Tone for How it Trends in 2020

Bitcoin has once again found itself stuck within a boring period of sideways trading as it finds stability around $7,500. This sideways trading has come about concurrently with BTC hovering just above its 89-day EMA level, which may provide valuable insight into which direction it will trend in the mid-term. Analysts are favoring a bearish...The post Bitcoin’s Response to its 89-Day EMA May Set the Tone for How it Trends in 2020 appeared first on NewsBTC.

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